East Resources Acquisition (NASDAQ:ERESW) Trading Down 7% – Should You Sell?

Shares of East Resources Acquisition (NASDAQ:ERESWGet Free Report) dropped 7% on Monday . The stock traded as low as $1.00 and last traded at $1.06. Approximately 72,226 shares were traded during mid-day trading, an increase of 21% from the average daily volume of 59,535 shares. The stock had previously closed at $1.14.

East Resources Acquisition Stock Down 7.0 %

The stock’s 50 day moving average is $1.22 and its two-hundred day moving average is $1.17.

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